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Matt Strahm
Philadelphia Phillies
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Nabs extension
PPhiladelphia Phillies
March 24, 2024
Strahm signed a one-year extension with the Phillies on Sunday that includes a club option or vesting option for the 2026 season.
Strahm is entering the second season of the two-year, $15 million deal he signed with Philadelphia in December 2022, but he won't reach free agency next offseason after he and the Phillies agreed to tack on another year to his deal. According to Scott Lauber of The Philadelphia Inquirer, Strahm will earn $7.5 million in 2025 as part of the extension, while the option for 2026 vests for $7.5 million if he covers at least 60 innings in 2025. After making nine of his first 18 appearances as a starter last season, the 32-year-old transitioned into a full-time relief role in mid-June and posted a 2.53 ERA and 52:8 K:BB over his final 42.2 innings. He'll be trusted to serve as a high-leverage, multi-inning arm out of the Philadelphia bullpen once again during the upcoming season.